Ravin Prakash

Canoro Resources Ltd. explores and develops oil and gas properties. It engages in the acquisition, exploration, production and marketing of petroleum and natural gas in India. The company was founded by Les B. Kondratoff on April 16, 1984 and is headquartered in Vancouver, Canada.

In this third year since becoming an independent company, Mass Financial has kept focus on redefining their corporate objective of fully capitalizing on their industry knowledge and striving for greater growth and diversification. Their commodities business along with their large number of related contacts has enabled them to gain greater product and service diversification and to find new markets. Almost 60 percent of their trading revenues are from term marketing and distribution agreements for non-ferrous and other metals. This business should not be viewed as commodities trading but as a risk business between suppliers and purchasers. Some of the investments they make are in commodity producers and are part of their proprietary investing strategy. With the downturn in the global economy, opportunities are becoming more visible. Valuations of several, what look to be, complementary projects have been coming closer to much more sensible levels. They will, however, maintain their strict level of discipline in assessing risk. Ensuring the effectiveness of their strategy demands constant review and attention in order for it to reflect their commitment to developing wealth for their shareholders.